Emeka Ejere| The reduction of the benchmark lending rate from 14 per cent to 13.5 per cent by the Monetary Policy Committee, MPC, of the Central Bank of Nigeria, CBN,…
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Category: Business
UPDATED: CBN MPC reduces interest rate to 13.5%
The monetary policy committee of the Central Bank of Nigeria (CBN) on Tuesday reduced the monetary policy rate by 50 basis points. With this development, the MPR, which is put…
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UBA hinges future performance on cost efficiency, improved asset quality
Pan African financial institution, United Bank for Africa (UBA) Plc has assured its local and international investors that it’s prudent focus on improved asset quality, as well as the continuous…
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Shareholders laud transcorp hotels plc for impressive performance, approve 15k per share as dividend
The Shareholders of Africa’s leading hospitality brand, Transcorp Hotels Plc, have extolled the Company for its impressive financial results for the year ended December 31, 2018. The congratulatory remarks were…
Read More Shareholders laud transcorp hotels plc for impressive performance, approve 15k per share as dividend
Senate suspends plenary for budget defence
The Senate on Wednesday adjourned plenary until April 2 to enable its standing committees to work on the 2019 Appropriation Bill. The News Agency of Nigeria reports that heads of Ministries, Departments…
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